back2:
I have no position in GFCI. However, every single person on this board (or VMC) that initially invested in GFCI did so from 60 cents to $1.00. And, that was only 3 months ago. So, at BEST, they are -33%. The bulk of initial buys was probably over 80 cents. The price right now is almost down 50% from there.
Could they have averaged down? Yes, but that could mean they bought more at 55 cents or 50 cents too. It could also mean they also doubled up at 95 cents. I don't helieve half of what I hear and I forget the other half.
The facts are that GFCI has been a disasterous stock on this board so far. It isn't the only one!!! But, my point is that until it gives any hint that it is legitimate, 10Bag's criticism of it is wholly valid. He began criticizing it at 70 cents. So what if it goes up and down between 18 cents and 45 cents. That doesn't change whether he has been right so far!
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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